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Search Results 0 to 11 of about 12 (some duplicates have been removed)
to provide a voice of the world. last week's european council agreed the overall limit on eu spending for the next seven years, starting in 2014. been agreed in the past, spending has gone up, but last week we agreed that spending should come down. by working with like-minded allies, we delivered a real- terms cut in what brussels can spend for the first time in history. as the house knows, the eu budget is negotiated annually, so what we were negotiating -- initially at the council last november and again last week -- was not the individual annual budgets, but rather the overall framework for the next seven years. this includes the overall ceilings on what can be spent -- effectively, the limit on the european union's credit card for the next seven years. during the last negotiation, which covered the period 2007 to 2013, the last government agreed to an 8% increase in the payments ceiling, to 943 billion. put simply, this gave the eu a credit card with a higher limit, and today we are still living with the results of allowing the eu's big spenders to push for more and more spending
in brussels. we asked her if the eu is prepared to back the call for war crimes. >> the problem there is the u.n. security council would have to refer the case to the courts and the eu has failed in its attempts to get russia, a permanent member of the u.n. security council, to put pressure on their ally, syria. they say they welcome any attempts from any side to end the conflict and end the violence happening. they have always said that they were concerned about crimes committed against humanity and they have always stressed that they will do everything that they can to support moves to end the conflict in syria. >> we will have more in a moment, but staying in brussels , they have agreed to renew an arms embargo against syria. britain wanted to allow the nation's two armed forces, but many say neither side should be armed with weapons from europe. sanctions are also amended to provide greater humanitarian and technical assistance and protection of civilians. let us turn now to nina to ask for more about the foreign minister's reasoning for renewing the arms embargo on syria. >> most eu count
a goal for the european union. after years of very little progress, the e appears to -- the eu appears to have an ally in what has. >> president obama announced the start of trade negotiations on a trade deal. brussels said talks could begin before summer. if successful, those negotiations would result in the biggest financial trade deal ever. >> the eu and u.s. already trade some 2 billion euros worth of goods and services every day. about 1/3 of total global commerce. president obama wants to bring that commerce into what would be the world's biggest free trade zone. the european commission says that would have world wide applications. >> which translates into tens of billions of euros every year and tens of thousands of new jobs. this offers us a great perspective at a time when we are gradually making our way to recovery. most important of all, it is a boost to our economies that does not cost 1 cent of taxpayer money. >> both sides stand to benefit. economists to warn that negotiations will be tough. the eu and washington disagree on issues ranging from industrial trade barriers a
at the new eu agreement to cap bonuses. it is aimed at a re-piece of the financial crisis. >> those in favor say it will address public anger about the role played by the banks and the economic meltdown. those against it, notably britain's -- britons, say that it will drive talent out of europe. >> the talks took more than 10 months. negotiators managed to clinch the deal despite opposition from the uk. at present, bankers can receive bonuses of as much as 20 times their basic salary. under the new rules, which can come into effect next year, they could be -- capped at one year's salary. >> most important thing is that banks will be stabilized, that a are better able to withstand the crisis -- that they are better able to withstand the crisis. >> it shows we are implementing what we learned from the financial crisis. >> critics say bonuses can encourage bankers to take unjustifiable risks in order to make more money. some say such behavior caused the financial and banking crisis. from now on, banks will also have to hold more capital as a buffer against any future crisis, a move intended to
. we have the eu rising starts, the outstanding british film. but in the major categories, clearly people do look to the bafta the way same they would look to the gloelden gloep globes to see how things were going. "argo" is seen by everybody as a pack leader. there is a strange absence there on best director. whoever wins best director will be remembered as having won in the year that the most significant contender wasn't nominated. >> why isn't he nominated? >> who knows. who knows. i think we got it right, but who knows why he wasn't. one reason is because what they've done with the oscars now is increased the best film from five up to ten. now you have i think it's nine nominations this year. of course you're going to get a mismatch because there aren't the same number of films that there were directed. >> mark, good to see you. thanks so much, indeed. >> thanks for coming by. >> always a very good turn out, as well. >> i still think silver linings with a different name would have done so well. >>> anyway, the clearing up is occurring after nemo. what impact will this have on r
of government. and the times of london picked up on this piece. a new plan for the eu. the big international news is that the president announced 34,000 troops in afghanistan will come home in a year. >> tonight i can announce that over the next year, another 34,000 american troops will come home from afghanistan. this drawdown will continue and by the end of next year or war in afghanistan will be over. [ applause ] >> i want to bring in richard engel. welcome to both of you. >> nice to be here. again, second in a row. >> let's talk about foreign affairs that had been telegraphed by the white house. he talked about afghanistan, a very brief mention of the middle east. what kind of reaction are you hearing across this part of the world? >> not a great reaction. not much reaction at all. he barely mentioned the middle east. i think people in the middle east had been look iing for a little bit more u.s. leadership on syria. and there's a recognition in the region that syria is a black hole that could suck the other countries into. it. and all the president said was, we continue to oppose assad
an eye on the meeting of finance minsters from the 17 eu countrys that use the euro. taking a live look at the big board, the dow is down 30. the nasdaq is down 6. s&p down 2. >>> apple could soon come out with something new. the new york times says apple is testing a new device that's worn like a watch. the paper says the device is made of glass and runs on a mobile operating system. analysts say apple products already have fashion appeal so the idea of wearing an apple product is not much of a stretch. >>> australian lawmakers want to know why their citizens must pay so much for iphones, ipads. an iphone that sells for $500 in the u.s. costs $540 there despite the australian dollar being worth than the u.s. dollar. >>> 7:45. well, an investigation by san francisco city attorneys into how some city employees used city computers should wrap up soon. the p.u.c. is working with the district attorney to investigate that several work employees used the computers to download pornography and gamble online. the inappropriate use of looking at explicitly sexual materials and gambling online can
friends in china, brazil and india need to be very offensive to. connell: eu ambassador to the u.s., thanks a lot. dagen: jack lew's confirmation hearing underway. he is facing some heavy scrutiny for his time spent. connell: rich edson is following this for us on capitol hill. rich: president obama pointed out that romney's time as a banker. all of that. also, jack lew's pay at citibank. >> in 2008 i was in employee in the private sector. i was compensated for by work. i will leave for others to judge. rich: that is something that republicans are calling hypocrisy. jack lew is saying he would like to get both individual and business tax reform done. republicans have been floating at the corporate side at 25%. it would be challenging to get there. he would like to, on the individual side, raise some revenue. he says he is looking forward to working with lawmakers on overhauling both the individual and corporate tax codes. something that will probably take an awful long time here. dagen: thank you. rich edson in washington. connell: we have charlie rangel coming up. you probably h
Search Results 0 to 11 of about 12 (some duplicates have been removed)